Home Loans in Metro Detroit1

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Housing Inequality Severe In Metro Detroit

The term “post-racial” is not a reality when it comes to home loan applications nationally or in Metro Detroit. According to a recent study released by the home information website Zillow.com, there is severe inequality between races when it comes to getting a home loan, one of the cornerstone pieces of the American experience. This is the first time they’ve looked at the data in this way on a metropolitan level. In Metro Detroit the denial rate for Black applicants, however, is more than doub...

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